tomo logo

$500,000

Beds
6
Baths
2.5
sq ft
1,212

9604 Lanham Severn Road, Lanham, MD 20706

9604 Lanham Severn Road

LANHAM, MD 20706

  • Coming soon
    • Open house Mar 01
Coming Coon!

Details

Property type

Single Family Residence

Est. home value

$447,062

Lot size

0.33 acres

Price per sq ft

$413

Year built

1962

Annual property taxes

$5,597

HOA

No

Price History

11/05/2021
Bright

Bright #MDPG607128

Sold
$417,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$81,751
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$378,249
Cash to seller
$81,751

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vellum Mortgage Llc

Loan start date

November 2021

Original loan amount

$407,483

Est. remaining balance

$378,249

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Jose Eulalio Rivas Cruz and Herbert Eulalio Ventura

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 02/23/2025 at 9:35 PM

Listing updated: 02/14/2025 at 1:19 PM

Listed by: Alex A Martinez, The Agency DC Phone #: (202) 888-1127

MLS: Bright #MDPG2141198

Bright logo

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